Article 17: The Voluntary Withdrawal of the Fund Manager
As published by the Capital Market Authority and read from the source by the regulation watch; reproduced verbatim, with attribution and a link to the source.
Article 17: The Voluntary Withdrawal of the Fund Manager
a) If the Fund Manager wishes to voluntarily withdraw from managing the fund, the following requirements must be fulfilled:
1. Obtaining the approval of the unitholders of the relevant fund to replace the Fund Manager and appoint a replacement Fund Manager through an ordinary fund resolution .
2. Obtaining the approval of the replacement Fund Manager to manage the relevant fund .
3. Obtaining the Authority’s approval .
b) The voluntarily withdrawing Fund Manager must transfer the responsibilities of managing the relevant fund to the replacement Fund Manager within (60) days from the issuance of the Authority’s approval. The withdrawing Fund Manager shall, where necessary and appropriate, transfer to the replacement Fund Manager all contracts related to the relevant investment fund
Text read on · 6546051b45e2
Paragraphs
Each paragraph has a page of its own, so a citation of one paragraph names it exactly.
History
Each time the regulation watch read the source and found these words changed, the earlier text was kept. Removed words are struck through, added words underlined.
No amendment has been seen since the platform first read these words on 2026-09-14.
Cited on the platform
Counts only: the platform's own baseline limits and catalogued duties that cite this reference. No firm's rulebook appears here.
- Baseline limits
- 00 verified
- Duties
- 00 verified
Source
The text is the Authority's, reproduced with attribution. The link opens the published document.
- Published at
- CMA — Real Estate Investment Funds Regulations (English)Edition 11/2025
- Last read
- first read
ComAgents — the regulator-facing accountability layer for CMA-regulated firms. The text of each article is the Authority's, reproduced with attribution and a link to the source.